Summer Suites, Menara Solaris
Summer Suites (also known as Mercu Summer Suites) is a leasehold SOHO building located in Menara Solaris, KLCC. There are 403 units available at this project with built-up from 454 sf to 1,348 sf. It was developed by UEM Sunrise Bhd (fka Sunrise) with a launch price at around RM700 psf, and was completed in about 2015.
UEM Sunrise Bhd (fka Sunrise) is a very large-sized real estate company listed on KLSE, and it has constructed around 69 real estate projects in Malaysia. Other similar projects by the same developer are Menara Solaris and Summer VOS.
This SOHO building has many amenities nearby, for example universities, transit stations, hospitals and schools. The following are some main universities here:
- Advance Tertiary College (ATC)
- Astin College
- Erican College (KLCC Campus)
- Optopreneur College
- Queens College KL
- The Regency College
- Universiti Kuala Lumpur
- Universiti Kuala Lumpur (Ips
- Universiti Kuala Lumpur Business School (New Campus)
- Universiti Teknikal MARA
- Yes International College (fka Yes Academy)
As for transit stations, there are LRT Dang Wangi, LRT Kampung Baru, Monorail Bukit Nanas and Monorail Medan Tuanku. There are also some hospitals here, i.e. Al Islam Specialist Hospital, Mont Kiara Medical Centre and Twin Towers Medical Centre.
Lastly, the schools here are SMK Convent Bukit Nanas and Sekolah Antarabangsa Sayfol.
The current rental yield of Summer Suites is around 4.74%, compared to 3.45% a year ago in Q3 2021. The highest rental yield ever recorded was 5.47% in Q3 2016; while the lowest one was 3.03% in Q2 2022. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Summer Suites is Studio / 493 sf with a median price of RM850 psf. For price wise, the most expensive one is 2-bedroom / 713 sf with a median price of RM1,050 psf; while the cheapest one is 2-bedroom / 1,348 sf with a median price of RM590 psf.
Latest Summer Suites for sale listings:
|19 Sep 2022||Office||614 sf||RM515,000|
|15 Sep 2022||Office||484 sf||RM380,000|
|23 Aug 2022||Commercial||495 sf||RM417,000|
|22 Aug 2022||Shop-Office||710 sf||RM570,000|
|22 Aug 2022||Office||495 sf||RM415,000|
|17 Aug 2022||Condominium||576 sf||RM635,000|
|16 Jun 2022||Office||480 sf||RM369,000|
|17 May 2022||Office||480 sf||RM410,000|
|12 May 2022||Office||480 sf||RM410,000|
Latest Summer Suites for rent listings:
|16 Aug 2022||Room||-NA-||RM730|
|15 Jan 2022||Condominium||500 sf||RM1,600|
|5 Jan 2022||Studio||500 sf||RM1,800|
|31 Dec 2021||Studio||495 sf||RM1,700|
|4 Jan 2022||Studio||493 sf||RM1,500|
|4 Jan 2022||Condominium||495 sf||RM2,000|
|31 Dec 2021||Studio||500 sf||RM1,550|
|29 Dec 2021||Master Room||-NA-||RM1,200|
|29 Dec 2021||Condominium||1,130 sf||RM3,800|